BANK NIFTY | SHORT | SWING

Wait 5 sec.

BANK NIFTY | SHORT | SWINGNifty Bank IndexNSE:BANKNIFTYSky_TracerBANK NIFTY has reached a crucial resistance zone and seems to be topping out. You can clearly notice a H&S pattern formation setting up on the 15 min chart. The price is unable to sustain at the highs. While the overall trend still remains quite Bullish, a reversal can be taken here for a modest target to 56,225 price level which is the Weekly Pivot support. P.S. Not a recommendation. Pls do your own due diligence.